Personal Financial Advisor salary in Monroe, MI
Personal Financial Advisors in the Monroe, MI metro area earn a median of $98,090 a year ($47.16 an hour), based on BLS data for 70 workers.
Pay ranges from $46,860 for the lowest-paid 10% to $519,980 for the top 10%. That is 7% lower than the national median of $105,070. Pay here is 26% higher than the Michigan statewide median of $77,930. There are 1.7 personal financial advisors per 1,000 jobs here — close to the national average. The average (mean) salary is $173,100, above the median because a few high earners pull it up.
Pay range for personal financial advisors in Monroe, MI
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $46,860 | $22.53 |
| 25th percentile | $60,000 | $28.85 |
| Median | $98,090 | $47.16 |
| 75th percentile | $219,850 | $105.70 |
| 90th percentile (top earners) | $519,980 | $249.99 |
| Average (mean) | $173,100 | $83.22 |
Half of personal financial advisors earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,174.17 |
| Semi-monthly (24 a year) | $4,087.08 |
| Biweekly (26 a year) | $3,772.69 |
| Weekly | $1,886.35 |
| Hourly | $47.16 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Personal Financial Advisor salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Muskegon-Norton Shores, MI | $159,990 | 100 |
| Jackson, MI | $111,990 | 40 |
| Flint, MI | $96,140 | 160 |
| Ann Arbor, MI | $95,840 | 320 |
| Grand Rapids-Wyoming-Kentwood, MI | $89,410 | 840 |
| Traverse City, MI | $88,100 | 130 |
| Lansing-East Lansing, MI | $86,220 | 210 |
| Niles, MI | $82,780 | 60 |
| Kalamazoo-Portage, MI | $77,890 | 230 |
| Detroit-Warren-Dearborn, MI | $76,830 | 3,430 |
| South Bend-Mishawaka, IN-MI | $74,510 | 220 |
| Saginaw, MI | $71,560 | 110 |
| Battle Creek, MI | $54,470 | 30 |
Highest-paying states for personal financial advisors
| State | Median salary |
|---|---|
| New York | $166,400 |
| New Jersey | $158,570 |
| California | $130,330 |
| Connecticut | $129,720 |
| South Dakota | $128,720 |
| Massachusetts | $125,670 |
| Delaware | $125,050 |
| Oregon | $122,830 |
| Illinois | $120,130 |
| Wisconsin | $119,430 |
See Personal Financial Advisor pay in every state or the Michigan statewide figures.
Related jobs in Monroe, MI
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,080 | $36.58 |
| Financial and Investment Analysts | $102,320 | $49.19 |
| Loan Officer | $56,450 | $27.14 |
| Human Resources Specialist | $71,990 | $34.61 |
| Buyers and Purchasing Agents | $66,890 | $32.16 |
| Market Research Analysts and Marketing Specialists | $64,500 | $31.01 |
| Project Management Specialist | $100,290 | $48.22 |
| Business Operations Specialists, All Other | $81,740 | $39.30 |
| Cost Estimator | $72,970 | $35.08 |
| Management Analyst | $96,040 | $46.17 |
| Compliance Officer | $74,000 | $35.58 |
| Logistician | $78,890 | $37.93 |
More: Business and Financial Operations Occupations · all salaries in Monroe, MI
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2052. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a personal financial advisor make in Monroe, MI?
The median salary for personal financial advisors in the Monroe, MI metro area is $98,090 a year, or $47.16 an hour. Pay ranges from $46,860 for the lowest-paid 10% to $519,980 for the top 10%.
How much do the highest-paid personal financial advisors make in Monroe, MI?
The top 10% of personal financial advisors in the Monroe, MI metro area earn at least $519,980 a year. The top 25% earn $219,850 or more.
What is the starting pay for personal financial advisors in Monroe, MI?
Entry-level pay (the 10th percentile) is about $46,860 a year, and a quarter of personal financial advisors earn $60,000 or less.
How many personal financial advisors work in Monroe, MI?
About 70 personal financial advisors are employed in the Monroe, MI metro area, not counting the self-employed.